Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the Chinese Yuan Renminbi (CNY) has experienced notable fluctuations over the past several months. This report provides an analysis of the recent trends, technical indicators, and forecasts to offer a comprehensive understanding of the NZD/CNY currency pair.

Recent Exchange Rate Trends

As of July 3, 2025, the NZD/CNY exchange rate stands at approximately 4.3437. (poundsterlinglive.com) Over the past six months, the exchange rate has exhibited significant volatility:

• Highs and Lows: The highest exchange rate recorded was 4.4616 on March 27, 2025, while the lowest was 3.9736 on February 3, 2025. (poundsterlinglive.com)

• Average Rate: During this period, the average exchange rate was approximately 4.2085. (exchange-rates.org)

These fluctuations indicate a dynamic exchange rate environment influenced by various economic factors.

Technical Analysis

Technical indicators as of June 26, 2025, provide insights into the current market sentiment:

• Relative Strength Index (RSI): At 52.363, the RSI suggests a neutral market condition.

• Moving Average Convergence Divergence (MACD): With a value of 0.005, the MACD indicates a buy signal.

• Moving Averages: The 50-day Simple Moving Average (SMA) is at 4.3307, and the 200-day SMA is at 4.3176, both below the current exchange rate, suggesting a bullish trend. (investing.com)

These indicators collectively point towards a cautiously optimistic outlook for the NZD/CNY pair.

Forecasts and Predictions

Looking ahead, various forecasts provide differing perspectives:

• Short-Term Forecasts: Predictions for the coming months suggest a gradual decline in the exchange rate, with an average rate of 4.25 expected in Q3 and Q4 of 2025. (exchangerates.org.uk)

• Long-Term Forecasts: Some analyses anticipate a bullish trend, projecting the exchange rate to reach 4.74 in September 2025 and 4.87 in October 2025. (coincodex.com)

These varying forecasts highlight the uncertainty and complexity inherent in currency exchange rate predictions.

Factors Influencing the Exchange Rate

Several factors contribute to the fluctuations in the NZD/CNY exchange rate:

• Economic Indicators: GDP growth, inflation rates, and interest rates in both New Zealand and China significantly impact the exchange rate.

• Geopolitical Events: Trade agreements, political stability, and international relations can influence investor confidence and currency valuations.

• Central Bank Policies: Decisions by the Reserve Bank of New Zealand and the People's Bank of China regarding monetary policy and interest rates play a crucial role.

Understanding these factors is essential for making informed predictions about future exchange rate movements.

Conclusion

The NZD/CNY exchange rate has shown considerable volatility over the past several months, influenced by a complex interplay of economic indicators, geopolitical events, and central bank policies. While technical analysis provides some insights into current market sentiment, forecasts for the future remain varied, reflecting the inherent uncertainties in the global economic landscape. Stakeholders should closely monitor these factors to make informed decisions regarding the NZD/CNY currency pair.